Comments on: Bernanke, Paulson and Bair Testify – But Can We get a Witness?

By: 60 Minutes Blows the POA/ALT-A Loan Story « Your Mortgage or Your Life…

Mon, 15 Dec 2008 09:01:54 +0000

[...] most of these loan officers were not geniuses either. Could we have been the only ones to know? I doubt it. So to say that the banks that offered them had no idea that POA’s had a high risk of [...]

By: Shagata Ganai

Shagata Ganai — Wed, 19 Nov 2008 03:27:11 +0000

Elliot Spitzer was taken down because his office had gotten wind of this giant scheme and was about to expose the danger.

Too bad he couldn’t even manage feet of clay.

More like feet of eggshells. Nice try, Elliot.

By: Jim T

Jim T — Wed, 19 Nov 2008 00:48:40 +0000

Well, not that Ben and Henry have done a stellar job so far handling the crisis, but the dates of their hires might tell you something too. (As to when the government knew)

Ben is hired Feb. 2006 and then Henry July 2006. Federal Reserve Chairman “Worlds Largest Bank” to be headed up by someone who has never been a banker? What are his qualifications? Acedemic with his specialty being The Great Depression!

That’s great but he’s going to need help from someone who knows banking and Wall Street. OK, we’ll make Henry Paulson Secretary of The Treasury.

With those two in charge we should be able to handle The Great Depression II. They “The Government” knew we had a GD II problem back in early 2006 if not sooner.

Too bad Ben & Henry stuffed the entire thing up and we see The Great Depression II show anyway.

By: Dave Falke

Dave Falke — Tue, 18 Nov 2008 22:49:17 +0000

Poulsen and his gang have turned on the American people. They should be treated as financial terrorists. They should be shat-on sight!